228-Unit Project Opening This Year
A 228-unit apartment project under construction in Santa Ana has sold for north of $100 million to a private investment firm.
169,315 SF Along Polaris Way
The local office of Dallas-based Invesco Real Estate is selling part of its office holdings in Aliso Viejo.
178,000-SF Building Is Second Largest in City
Mitsubishi Motors is selling its Cypress headquarters as part of its relocation to Tennessee.
Irvine-based TRI Pointe Group Inc. (NYSE: TPH) said Monday its chief financial officer, Mike Grubbs, will step down at the start of next year.
REAL ESTATE: Project will add 500,000 SF, jobs
Orange County’s largest publicly traded company now has the largest office development underway in the area around John Wayne Airport.
Mechanics Bank (OTCBB: MCHB) announced it will have two chief executives after its acquisition of Rabobank, N.A., a subsidiary of Rabobank Group.
Duarte-based City of Hope National Medical Center has significantly boosted its planned investment to $1 billion for a new comprehensive cancer center and specialty hospital in Irvine.
DEVELOPMENT: Irvine Co.’s Latest: Luxe Offices, Higher Rents
Irvine Co. is bringing some Silicon Valley chic to its latest office park in the Irvine Spectrum.
Over 5,000 Units Underway in OC
If there’s an end in sight to Orange County’s apartment construction boom, no one told the developers.
4.2M SF in Past Year; Retail Still a Question
Office projects continued to drive commercial development in Orange County last year, and not just in the county’s largest office market.
Steady Growth Expected to Continue
Revenues for Orange County’s largest commercial construction companies reached a new post-recession high last year.
REAL ESTATE: Next-door deals in Tustin; $49M
SteelWave LLC, the Foster City-based real estate investor currently heading the development of The Press creative office project in Costa Mesa, has added a pair of large buildings in Tustin—including one of the city’s recently rebuilt creative office properties—to its area portfolio.
Deal Will Support Growth At NB Firm, CEO Says
Newport Beach real estate data and analytics firm Green Street Advisors LLC is being sold to a New York private equity firm on undisclosed terms.
$76M for Troubled Retail Assets in UK
Pacific Investment Management Co.’s planned $1 billion initial public offering for a new real estate investment trust has been postponed for nearly a month without word on a potential reboot, but the Newport Beach investment giant is still keeping a close eye on real estate opportunities.